BC Iron's worth $2 - $4

I can think of several ASX companies who have a share price in the $2 - $20 range, but have not produced anything thing to date.

Yes, they may have fantastic future prospects, there is no doubt about that, but they have no income as yet.
They won't produce any income or having any saleable products for years.

Yet, they have a share price in the $2- $20 range, and in some cases rightfully so, because of their potential global reach.

Whilst BC IRON has millions of dollars flowing into its cash registers, these others have nothing flowing in, they're drawers are empty.

Where the others hope to be one day, BC IRON is there already, it has made it, it's producing the millions of units and getting paid the millions of dollars. All this on only 196 Million Shares of issued capital, not 500 million or a billion.

Give credit where it worth, this is an incredible achievement on only 196 Million shares issued capital.

Some food for thought.




Please Note:
This is neither advice, nor a recommendation.
But, simply a personal opinion for informational purposes only.
Investing in stocks is a risky business.
Do your own research before buying or selling any stocks.